You
get the independence you deserve, with the built-in spending controls
of a pre-paid card.

A prepaid
Visa or prepaid
Master card can be used like any other credit card to make purchases.
With a prepaid card, however, you load funds onto your card and use
that money to make purchases and get cash -- you are not borrowing money
from a bank or other financial institution. The prepaid credit cards
look, feel and work like a credit card but are pre-funded "stored-value"
cards. This allows you to set spending limits for you or your kids.

How does a prepaid credit
card work?

It is a pre-paid,
reloadable card can be used anywhere Visa or MasterCard is accepted
-- at stores, gas stations, restaurants, theaters, in the mall and online.
Making a hotel and rental car reservation is a snap. You can also access
cash at ATM's. The card is great for everyday purchases, special occasions,
and emergency back up.

Unlike a credit
card, though, each purchase is deducted from the pre-paid balance on
the card. Best of all, because it's not a credit card, there are no
finance charges, no late fees, and no accumulation of debt.

accepted anywhere
a Visa or MasterCard is accepted

can be used to
withdraw cash from an ATM.

relodable

Why do you want to use a
prepaid credit card?

Safer than
cashWhen cash is lost, it is gone forever. However, if your prepaid
credit card is ever lost or stolen, you're protected by Visa or MasterCard's
no liability policy.

BudgetingYou set the spending limits by the prepaid amount loaded on the
card. Prepaid credit cards make it easy to get your spending under
control and shop wisely.

Teaching tool
Parents can sign up for their teens: they set spending limits by loading
the card with a certain amount of money and monitor where their children
are spending it. Prepaid card meets the spending needs of teens and
helps develop responsible financial behavior. With online tracking
of purchases, parents and teens can discuss spending and budgeting

A range of budgeting
and payment options are available for young adults, and families can
choose based on convenience and flexibility.

People
looking for an excellent gift idea
Gift receipients enjoy freedom of their choice.

How is the prepaid credit
card different from regular credit cards?

The prepaid credit
card looks like a credit card - it has the Visa or MasterCard logo and
hologram -and allows the convenience of cashless purchases like a signature-based
credit card, with no PIN input required at the point-of-sale. However,
it does not have a "line of credit" because it accesses pre-loaded
money. You load funds onto your Card and use that money to make purchases
and get cash - you are not borrowing money from a bank or other financial
institution.

How is the prepaid credit
card different from debit cards?

With debit cards
you use within the limit of a bank account and money is withdrawn from
a bank account as soon as payment is made. Usually, debit cards are
not
accepted when you make a hotel or rental car reservation.

Prepaid
Visa or Prepaid
MasterCard is actually a pre-paid, reloadable card and completely
separate from the checking or savings account. It is accepted wherever
VIsa or MasterCard is accepted. Making a reservation for your travel
is just like when you use the regular credit card.

Prepaid cards are very popular

Prepaid cards have become
more popular with consumers, and the prepaid card market has produced
a variety of new products and services.

Prepaid cards include
a wide variety of products, including gift cards, payroll cards, teen
cards, flexible spending account cards, employee incentive cards,
government stored-value cards, and disaster relief cards. Each of
these prepaid products has its own unique set of economic, technological,
and operational complexities.

Payroll Debit Cards Are Cost Effective and Convenient

Employer can save
money and resources associated with payroll processing and distribution
costs while employees benefit with the piece of mind of knowing that
their wages are accurately and consistently deposited into their personal
bank account.

no
credit check

no credit check

$3.95
Per Month

$9.95

ATM
Withdrawal $2.25

Two Types of Prepaid Cards: Open and Closed -System Prepaid Cards

The popularity
of prepaid credit cards is rising. Visa and MasterCard are issuing
prepaid, or pre-denominated, stored-value cards, as they're called,
that can be used anywhere Visa or MasterCard are accepted.

There are two
different types of prepaid cards: closed-system and open-system prepaid
cards. Closed-system prepaid cards are those issued by and redeemable
at a single merchant (or merchant chain). Closed-system retailer gift
card programs focus on a single application: providing a prepaid card
product to consumers solely for making purchases at a single merchant
or, in some cases, a group of retail merchants.